Old Mutual

Former Cofunds chief executive Brett Williams is to take an advisory role at Kuber Ventures, a multi-manager platform for Enterprise Investment Scheme (EIS) portfolios.

INCOME

Fund managers and strategists have begun reducing exposure to sterling, amid fears rising inflation and the threat of a UK downgrade could derail the pound.

ON NORTH AMERICA

Old Mutual Global Investors has bolstered its alternatives investment team, hiring Donald Pepper as managing director of alternative investments.

Skandia is planning to seed its new ‘Select' fund range with substantial institutional money from its life book in exchange for groups surrendering margin to join the exclusive panel of funds.

Old Mutual Global Investors has made four appointments to its sales team, days after Skandia confirmed it is cutting 20% of its sales force.

Panic about house prices, asset bubbles and China caught our readers' attention this year, with the views of leading hedgies and controversial industry figures featuring in our list of the 20 most read stories of 2012.

Skandia has created an investment solutions team, headed up by James Millard, who will be tasked with creating the group's new 'Select' fund range.

Skandia has agreed a deal with eight external fund groups whose funds will feature in its restricted panel, Investment Week can reveal.